Good morning, traders, and happy Monday, August 19th; I'm back from a week-long trip to the Adirondack mountains. I missed a big week for retail company earnings, but I'm happy to return before Fed Prez Jerome Powell Speaks about monetary policy at Jackson Hole on Friday. The Democratic National Convention also began Monday, but there has been little stock market-related news out of the Harris campaign.
Red__Bull : DNC - will be interesting week for the markets. Will they keep talking price controls, high cap gains tax, un-realized cap gains tax? If so, major sell-off signals.
Kevin Travers OP Red__Bull : I feel they will finally have to finalize what their policys like that actually look like this week. Dems have been so happy t odonate to a younger politician with oval office experiance stepping in to run, but they have not made clear what she stands for besides Biden lite basically
LittleSoldier : She is a train wreck to say the least, price control is a disastrous idea that will cause businesses to close and unemployment. Not to mention the idea of 25k for first time buyers will end up likely a repeat of 2008 housing market crash!!!
Kevin Travers OP LittleSoldier : after the covid hand out checks and PPP money programs and all the money they printed to do that in 2020, I think we all look at stimulus policy with a different eye than before
LittleSoldier : One of many hand out policies that their solution seems to be to just print more. Between an estimated 10 to 18 million illegals pumped into social security, Medicaid, Housing. Free Student loans and crippling energy demands is not sustainable!!
Kevin Travers OP LittleSoldier : who was president during the PPP program and stimulus checks?
LittleSoldier : There was 3 stimulus with both presidents
LittleSoldier : But if your asking I’m voting for Trump
70729743 : DonOld doesn't even stand a chance. Have you looked at the polls? He's way behind clown. Your identity will be erased soon.
Space Dust LittleSoldier : oh, . Jeffreys buddy and frequent .. who was it that did the inflation everyone is blaming the FOLLOWING administration for? hint* ..
Who STARTED the ball rolling to the most anti American thing? which is what demolished the economy. and caused the inflation!
warp speed ? who bragged about that to , last time I , the people who are mostly anti .
and as TIME HAS SHOWN, was it such a great idea to brag about cutting out safety protocols, testing for 🛟 safety?
only hires the best people? so, when someone fails, he is the FIRST to absolve the and blame the " best people" he hired .
HRC, like Jeffrey, there are his historical quotes and photos , she went from to " her up".. then, when elected, ? " the Clintons are fine people".
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